Mobileye NV (MBLY) Shares Bought by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company boosted its position in shares of Mobileye NV (NYSE:MBLY) by 4.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 83,142 shares of the software maker’s stock after buying an additional 3,493 shares during the period. The Manufacturers Life Insurance Company ‘s holdings in Mobileye NV were worth $5,221,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. BlackRock Inc. increased its position in Mobileye NV by 15.4% during the second quarter. BlackRock Inc. now owns 6,344,143 shares of the software maker’s stock worth $398,415,000 after buying an additional 845,680 shares during the period. FMR LLC increased its position in Mobileye NV by 50.0% during the second quarter. FMR LLC now owns 6,341,981 shares of the software maker’s stock worth $398,277,000 after buying an additional 2,115,253 shares during the period. Tyrus Capital S.A.M. increased its position in Mobileye NV by 476.9% during the second quarter. Tyrus Capital S.A.M. now owns 6,000,000 shares of the software maker’s stock worth $376,800,000 after buying an additional 4,960,000 shares during the period. Farallon Capital Management LLC increased its position in Mobileye NV by 226.4% during the second quarter. Farallon Capital Management LLC now owns 5,907,500 shares of the software maker’s stock worth $370,991,000 after buying an additional 4,097,500 shares during the period. Finally, State Street Corp increased its position in Mobileye NV by 11.7% during the second quarter. State Street Corp now owns 2,944,652 shares of the software maker’s stock worth $184,928,000 after buying an additional 307,531 shares during the period. 60.95% of the stock is currently owned by institutional investors.

Shares of Mobileye NV (NYSE:MBLY) opened at 62.67 on Monday. The stock has a market capitalization of $13.91 billion, a P/E ratio of 122.88 and a beta of 0.90. Mobileye NV has a 52-week low of $33.69 and a 52-week high of $63.56. The firm’s 50-day moving average price is $63.15 and its 200-day moving average price is $61.19.

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Several research analysts have commented on the company. Mizuho reaffirmed a “hold” rating and set a $63.54 price target on shares of Mobileye NV in a research report on Wednesday, October 4th. BidaskClub downgraded Mobileye NV from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $63.54 target price on shares of Mobileye NV in a research note on Thursday, July 6th. Two research analysts have rated the stock with a sell rating, twenty have given a hold rating and two have issued a buy rating to the stock. Mobileye NV currently has a consensus rating of “Hold” and a consensus price target of $55.85.

About Mobileye NV

Mobileye N.V. is engaged in the development of computer vision and machine learning-based sensing, mapping and driving policy technology for advanced driver assistance systems and autonomous driving technologies. The Company operates through two segments: Original Equipment Manufacturing, which supplies the software algorithms and EyeQ chip, and After Market, which sells a complete system, which includes its software algorithms and EyeQ chip, as well as the camera and other necessary components.

Institutional Ownership by Quarter for Mobileye NV (NYSE:MBLY)

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